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Excess CEO pay is tip of iceberg [No one should make more than The One]
http://www.madison.com/tct/opinion/column/438063 ^
| 2/12/2009
| Rakesh Khurana and Andy Zelleke
Posted on 02/12/2009 4:36:03 PM PST by SJackson
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To: nyconse
"Actors are not supposed to run a company." Well whether or not they are incorporated for tax purposes. My question I guess is why can they demand multi-million salaries and CEO's of companies cannot. If I were to bring in some business for my company I'd get a bonus of say ten percent. If a CEO brings in business for his company don't you think he'd be entitled to a percentage bonus? Just wondering ....
21
posted on
02/12/2009 5:03:57 PM PST
by
SkyDancer
("Talent Without Ambition Is Sad, Ambition Without Talent Is Worse")
To: Red_Devil 232
Yes. We would have known Tuesday if the Treasury Sec wasn’t a clown. It may be true since BHO and his Congresscritters haven’t been raising the issue the last few days.
22
posted on
02/12/2009 5:04:29 PM PST
by
SJackson
(a tax cut is non-targetedÂ…no guaranteeÂ…theyÂ’re free to invest anywhere that they want, J Kerry)
To: Diana in Wisconsin
This guy earns $1,095.89 each DAY day on our dime. And hes already had TWO weekends off in three weeks. And when he works, he's making campaign style appearances. Good think all is well in the world.
23
posted on
02/12/2009 5:07:31 PM PST
by
SJackson
(a tax cut is non-targetedÂ…no guaranteeÂ…theyÂ’re free to invest anywhere that they want, J Kerry)
To: SkyDancer
The market is way down...stocks have fallen horribly, I don’t think CEO’s should get any bonuses...but that’s not up to me unless it’s a bailed out company...taxpayer money should not be used for bonuses...I think these CEO’s are only interested in enriching themselves and care nothing for the companies they run or the stockholders. I think they are way overpaid personally. However, any company not on the dole can do as they please. I do think that if Wall Street does not reign this compensation thing in...there will be regulations; we have a Dem administration. To many CEO’s have bankrupted their companies and walked away with millions...it’s just plain immoral.
24
posted on
02/12/2009 5:14:50 PM PST
by
nyconse
To: nyconse
Are you really on the right web-site?
25
posted on
02/12/2009 5:16:39 PM PST
by
Osage Orange
(Our constitution protects aliens, drunks and U.S. Senators. -Will Rogers)
To: nyconse
That's true enough - I guess my contention is how does the US government get off telling companies how they should pay their CEO's ... it's up to the board of directors and share holders ....
But then, if those companies start accepting bailout money ...
26
posted on
02/12/2009 5:21:32 PM PST
by
SkyDancer
("Talent Without Ambition Is Sad, Ambition Without Talent Is Worse")
To: okie01
Another significant issue is the growth of the legal industry and its impact on business. When I started in business, it was still possible to seal a deal on a handshake. Both parties staked their word and honor on living up to the agreement.
Today almost every agreement is written and reviewed by teams of lawyers. Even when agreement is reached and the papers are signed, one or the other party will often use its legal staff to reinterpret the meaning of the language in the document or wiggle out of conditions it finds no longer to its liking.
The legal profession is the antithesis of ethics. It enables dishonorable conduct and the breakdown of trust in commerce and in society.
27
posted on
02/12/2009 5:23:03 PM PST
by
Soul of the South
(When times are tough the tough get going.)
To: SJackson
“[No one should make more than The One]”
I think they have it backwards, he’s so stupid everyone not on welfare or in a government (white collar welfare) job should make more than he does!
He’s so stupid he should have to pay rent for using the White House.
28
posted on
02/12/2009 5:29:32 PM PST
by
dalereed
To: Soul of the South
Another significant issue is the growth of the legal industry and its impact on business. When I started in business, it was still possible to seal a deal on a handshake. Both parties staked their word and honor on living up to the agreement. A very valid addition to the list.
The legal profession has fostered a business culture where illegal conduct is artfully avoided...while unethical conduct is encouraged.
29
posted on
02/12/2009 5:40:46 PM PST
by
okie01
(THE MAINSTREAM MEDIA: Ignorance on Parade)
To: Sherman Logan
I’m sad to say you are right. And they never ever realize that it was lured the ‘average man’ to the Democrat party for so long. Then the liberals took them over.
Now most people are just stuck between voting for communism or voting for their boss to be really really rich. And while I enjoy that everyone has the opportunity to be the ‘boss’, corporate America has grown to the point of crushing a lot of growth or that potential other than the occassional rags to riches story.
30
posted on
02/12/2009 6:13:35 PM PST
by
autumnraine
($335 Million for STD research, still no cure for cancer. Thanks Obama)
To: SJackson
This tripe is from Madistan in Wisconsin.
Liberal cesspool.
I know- I was born there and raised nearby—when it was Conservative area.
Won’t go back there and spend a penny supporting those jerks.
To: SJackson
0bama has to limit the salaries in the movie, music and athletic industries to $400,000 tops too.
32
posted on
02/12/2009 6:40:14 PM PST
by
Post Toasties
(Conservatives allow the guilty to be executed but Lefties insist that the innocent be executed.)
To: SkyDancer
That is a stupid statement.
33
posted on
02/12/2009 7:36:53 PM PST
by
org.whodat
(Auto unions bad: Machinists union good=Hypocrisy)
To: SJackson
The issue is the solution, and letting the market deal with these things is the conservative solution. Compensation can't be legislated, particularly in a global market. ROFLOL
34
posted on
02/12/2009 7:38:28 PM PST
by
org.whodat
(Auto unions bad: Machinists union good=Hypocrisy)
To: SkyDancer
35
posted on
02/12/2009 7:40:15 PM PST
by
org.whodat
(Auto unions bad: Machinists union good=Hypocrisy)
To: okie01
You are correct, corporations were created to make large expensive ventures possible and to share the gain are the lose. They were not made to make the board and the CEO rich and to serve as their private bank.
36
posted on
02/12/2009 7:43:11 PM PST
by
org.whodat
(Auto unions bad: Machinists union good=Hypocrisy)
To: GeronL
“Anyone see liberals want THAT money back??”
Well, certainly no LIBERALS care to see that money back. Libs get extra points for raping the public.
37
posted on
02/13/2009 2:12:04 AM PST
by
freeangel
( (free speech is only good until someone else doesn't like what you say))
To: org.whodat
That’s just your wrong opinion ... two in a row ....
38
posted on
02/13/2009 7:17:44 AM PST
by
SkyDancer
("Talent Without Ambition Is Sad, Ambition Without Talent Is Worse")
To: SkyDancer
If you have no concept of people voting for entertainers with their dollars, as to a dime a dozen ceo’s, then why bother explaining the difference to you. Just remember there has been and will only be one “James Brown”.
39
posted on
02/13/2009 7:27:47 AM PST
by
org.whodat
(Auto unions bad: Machinists union good=Hypocrisy)
To: SkyDancer
Oh, and you want you rear chewed out over your silly statement, call and ask Neal Boortz to explain it to you.
40
posted on
02/13/2009 7:29:32 AM PST
by
org.whodat
(Auto unions bad: Machinists union good=Hypocrisy)
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